Notes

Chapter 1

The Intelligent Investor, Benjamin Graham, Collins Business, 2003 (revised edition)

Security Analysis, Benjamin Graham and David Dodd, McGraw-Hill, 2008 (6th edition)

“The World’s Most Influential Arabs,” Arabian Business, 2007

“The World’s 50 Richest Arabs,” Arabian Business, August 21–27, 2005

Chapter 2

“Carlos Slim, the richest man in the world,” Stephanie Mehta, Fortune, August 20, 2007

When Markets Collide, Mohamed El-Erian, McGraw-Hill, 2008

Globalization: The Irrational Fear That Someone from China Will Take Your Job, Bruce Greenwald and Judd Kahn, John Wiley and Sons, 2009

“Buffett-Backed BYD Goes Electric,” Forbes.com, December 2008

“Buffett Continues to Shave Stake in PetroChina,” Shu Ching and Jean Chen, Forbes.com, 2007

The Age of Turbulence: Adventures in a New World, Alan Greenspan, Penguin, 2008

The Alchemy of Finance, George Soros, Wiley Investment Classics, 1987

Chapter 3

Value Investing: From Graham to Buffett and Beyond, Bruce Greenwald, Judd Kahn, Paul Sonkin, and Michael van Biema, Wiley Finance, 2001

“The Prince of Bargain-Hunters,” The Financial Mail, July 31, 1998

“The Ultimate Investment Club,” Money, October 1998

Alwaleed: Businessman, Billionaire, Prince, Riz Khan, William Morrow, 2005

Chapter 4

“Little-Known Carlyle Scores Big. Advisors Landed Citicorp’s Prince,” Kenneth Gilpin, New York Times, 1991

“Saudi Prince Tells Fed He Plans to Limit His Holding in Citicorp to Less Than 10%,” Fred Bleakley, Wall Street Journal Europe, 1991

“Saudi Prince to Become Top Citicorp Shareholder Investor by $590 Million,” Michael Quint, New York Times, 1991

Liar’s Poker, Michael Lewis, W.W. Norton & Company, 2010 (reprint)

Competitive Advantage of Nations, Michael Porter, Free Press, 1998

Asian Godfathers. Money and Power in Hong Kong and Southeast Asia, Joe Studwell, Grove Press, 2007

“Kuwait must change to fulfil potential—Blair,” Andy Sambridge, Arabian Business, March 2010

“UAE Investment firm Mubadala, GE launch $8 bln JV,” Reuters, July 22, 2008

“GE to sell plastics unit to Sabic for $11.6 billion,” Laura Mandaro and Padraic Cassidy, Marketwatch, May 21, 2007

“ExxonMobil, Aramco, Sinopec announce $5 billion venture,” USA Today, March 30, 2007

“Contrarian Investor Sees Economic Crash in China,” David Barboza, New York Times, January 7, 2010

The Black Swan: The Impact of the Highly Improbable, Nassim Taleb, Random House, 2010 (2nd edition)

Pity the Nation: The Abduction of Lebanon, Robert Fisk, Nation Books, 2002 (4th edition)

“Visa, China UnionPay in Dispute on International Transactions,” Bloomberg Businessweek, June 4, 2010

Chapter 5

“Vincent Lo’s Stunning Reversal,” Russell Flannery, Forbes Asia, February 8, 2010

Sale of the Century: The Inside Story of the Second Russian Revolution, Chrystia Freeland, Abacus, 2005

“The Casino Billionaires,” Andrew Farrell, Forbes.com, April 17, 2008

“Google vs. China,” Red Herring, July 14, 2010

“After Yahoo Talks, Alibaba Says Its Buyback Bid Is Over,” Bloomberg News, September 20, 2010

“Dubailand Set to Launch Developments Worth DH30b,” Zawya, February 10, 2006

“Shanghai Disneyland a step closer to reality,” David Pierson, Los Angeles Times, November 6, 2010

Chapter 6

“Alwaleed to Bid for Second Mobile License—Saudi Arabia,” MENAFN, February 29, 2004

“Saudi prince to bid for Canary Wharf,” Simon London, Financial Times

“Waleed buys stake in Fairmont Hotels,” Javid Hassan, Arab News, 1994

“Saudi Arabia to build world’s tallest building,” The Telegraph, October 13, 2008

Chapter 7

“Morgan Stanley’s China property head resigns,” George Chen, Reuters, December 31, 2008

“The Carlyle Group establishes Middle East investment operation,” AMEinfo, November 27, 2006

“Kingdom Zephyr raises USD492m for Africa Fund,” Private Equity Wire, December 1, 2010

“Harvest starts 2010 with $800m double fund launch,” LexisNexis, January 5, 2010

“Asia Alternatives Closes $950 Mn Fund of Funds,” VCCircle, November 4, 2008

“China’s Anti-Goldman Sachs Book,” Gady Epstein, Forbes, September 9, 2010

“Danone Exits China Venture After Years of Legal Dispute,” David Barboza, New York Times, September 30, 2009

“Coca Cola to make China its largest market,” China Daily (Xinhua), September 16, 2007

Mr. China: A Memoir, Tim Clissold, Harper Paperbacks, 2006

Financial Shenanigans: How to Detect Accounting Gimmicks and Fraud in Financial Reports, Howard Schilit, McGraw-Hill, 2002 (2nd edition)

Chapter 8

“Geely’s Volvo Plans Take Shape,” Norihiko Shirouzu, Wall Street Journal, August 27, 2010

“Huawei’s Middle East sales revenue hits US$3 bln in 2009,” Alibaba.com, March 11, 2010

“Marina Bay Sands in Singapore to Open Its Doors on April 27, 2010,” BNET, February 2010

Chapter 9

“I’m not finished yet,” William Barrett, Forbes, August 8, 1988

“A Bull Roams Arabian Desert,” USA Today, May 17, 2000

Kingdom Holding Company initial public offering prospectus, 2007

“Buffett of Arabia? Well, maybe,” Douglas Jehl, New York Times, March 28, 1999

“Kingdom Holding Sells Stake in Raffles,” New York Times Dealbook, April 5, 2010

“Murdoch finalizes stake. News Corp. buys into Middle East’s Rotana,” Ali Jaafar, Variety, December 1, 2009

“GM, SAIC Reshape Partnership,” Norihiko Shirouzu and Patricia Jiayi Ho, Wall Street Journal, December 5, 2009

“SAIC Takes Controlling Interest of GM Joint Venture. Automotive balance of power and jobs shift toward Chinese,” Ken Zino, The Detroit Bureau, December 5, 2009

“China’s SAIC Expresses Interest in Buying GM Stake,” Sharon Terlep, Wall Street Journal, September 21, 2010

“Fiat Focuses on China. After two failures in China, the Italian automaker has struck a deal with Guangzhou Auto to make cars for the Chinese market,” Ian Rowley, Bloomberg, July 7, 2009

“Fiat rethinks Nanjing Auto joint venture,” John Reed in London and Geoff Dyer in Shanghai, Financial Times, May 23, 2007

“Fiat quits money-losing Nanjing car JV in China,” Gilles Castonguay and Jason Subler, Reuters, December 26, 2007

“Bosch and its partners celebrate the 10th anniversary of United Automotive Electronic Systems (UAES),” Bosch press release, September 8, 2005

Rupert Murdoch’s China Adventures: How the World’s Most Powerful Media Mogul Lost a Fortune and Found a Wife, Bruce Dover, Tuttle Publishing, 2008

“How Baidu Won China. Robin Li beat Google and made his search engine No. 1 in China,” Brad Stone and Bruce Einhorn, Bloomberg BusinessWeek, November 11, 2010

“Japan’s Softbank boasts of a rare China success story,” CNET Asia, May 31, 2010

“Tech Innovator in Japan Sets Its Sights on China,” Hiroko Tabuchi, New York Times, May 30, 2010

“Softbank Invests in China’s Alibaba as ‘Next Yahoo!,’” Hans Lombardo, Internet News, January 18, 2000

“Battle looms as Alibaba strains at Yahoo leash,” Kathrin Hille in Beijing and Joseph Menn in San Francisco, FT.com, September 22, 2010

Chapter 10

The Little Book That Beats the Market, Joel Greenblatt, Wiley, 2006

“United Saudi Commercial Bank stages a comeback,” Middle East Economic Digest, March 3, 1989

“A small bank with a difference,” Middle East Economic Digest, May 14, 1993

“SCB, USCB merger plans to go ahead,” Ibrahim Alfakeeh, Arab News, December 27, 1996

“Saudi Cairo Bank cleans out balance sheet,” Middle East Economic Digest, February 28, 1997

“Saudi American, United Saudi agree to US$1.35 bn merger,” Business Times, May 26, 1999

“Waleed and three groups acquire 50% of NIC,” Arab News

“Prince Al-Walid buys 50.1% stake in Panda,” Arab News

“Saudi prince buys IEC stake,” Financial Times, April 25, 1998

Kingdom Hotel Investments annual report, 2008

“Hotel George V Closes for Update,” Herald Tribune, 1997

“Kingdom Hotel Investments sells stake in Four Seasons Cairo,” Gulfnews.com, September 2, 2010

Kingdom Zephyr Africa Management Company—Funds Description and Investment Strategy presentation

“Prince Alwaleed leads $2bn Saudi bid for Bank of China stake,” The Telegraph, May 24, 2006

“Beijing’s ‘Marshall Plan,’” Ben Simpfendorfer, New York Times, November 3, 2009

Chapter 11

“Soros Injects Another US $25M into Hainan Airlines,” Zeng Qingkai, China Daily, October 17, 2005

“Betting on the Bad Guys,” Scott Adams, Wall Street Journal, June 5, 2010

You Can Be a Stock Market Genius, Joel Greenblatt, Fireside, 1997

“Desert Diaries. Inside the Private World of HRH Prince Alwaleed,” Arabian Business, May 13–19, 2007

“A Day in the Life of Prince Alwaleed bin talal Al Saud,” Arabian Business, December 2002

Kingdom Centre Private Placement memorandum, November 21, 1998

“Not Since Babel Has a Tower So Tall Risen from the Sands,” Mitchell Pacelle, Wall Street Journal, December 18, 1997

Chapter 12

“Kingdom Consolidates. Why Alwaleed is shaking up his Saudi interest,” Middle East Business Weekly, June 18, 1999

“USCB Buys Stake in Saks Fifth Avenue,” S. Sidahmed, Arab News

“Saudi prince saves fashion diva in distress,” The Guardian, September 30, 1997

“Saudi Prince Acquires 5% in Apple,” Herald Tribune

“Prince buys more than 5% of Apple Computer,” Paul Taylor, Financial Times

“Saudi Prince’s investment in Apple doubles in value,” Bloomberg News, July 17, 1998

“Prince Waleed Invests $850 Million in News Corp., Netscape, Motorola,” Robert Frank, Wall Street Journal

“Prince Al Waleed buys stakes in News Corp and Netscape,” William Lewis, Financial Times

“Saudi Prince Buys Stake in News Corp.,” Robert Frank, Wall Street Journal Europe

“Prince Al-Walid plans bid for Canary,” Arab News

“Will the Saudi stock market boom continue?,” AMEinfo.com, February 18, 2006

“As Hong Kong Property Prices Soar, Analysts Grow Worried,” V. Phanl Kumar, Marketwatch, September 18, 2009

“Shenzhen Takes Over as China’s Listing Hub,” Robert Cookson, FT.com, October 18, 2010

“I’m Tom Barrack and I’m Getting Out,” Shawn Tully, Fortune, October 31, 2005

“Prince Alwaleed Orders Flying Palace,” K.T. Abdurabb, Arab News, November 13, 2007

“Sino Latin Capital to Manage RMB Private Equity Funds,” Private Equity Wire, November 10, 2010

“SinoLatin launches firm focused on China-Latin America transactions,” Global Fund Wire, July 2009

Fooling Some of the People All of the Time: A Long Short Story, David Einhorn, Wiley, 2010

Chapter 13

“Prince Waleed signs resort pact,” Riyadh Daily, July 2, 1997

“Saudi Prince to Pay $122.4 Million to Acquire 25% Stake in Four Seasons Hotels Group,” Peter Truell, Wall Street Journal, 1994

“Trump Is Selling Plaza Hotel to Saudi and Asian Investors,” David Stout with Kenneth Gilpin, New York Times, 1995

“Prince Al-Waleed Buys Copley Hotel,” Javid Hassan, Arab News, 1996

“Saudi Prince Scoops Up the George V,” Herald Tribune, 1996

“Prince Alwaleed buys 30% shares in Movenpick Hotels,” Riyadh Daily, 1997

“GE Money to Acquire Platform in Romania,” GE Money press release, May 2006

“Marks and Spencer Admits Mistakes in China,” ChinaRetailNews.com, February 16, 2009